Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of HKD 1,656,773,000, a slight increase of 1.5% compared to HKD 1,637,181,000 in 2023[4] - Gross profit for 2024 was HKD 619,687,000, representing a gross margin of approximately 37.4%, up from HKD 591,007,000 in 2023[4] - Operating profit increased to HKD 201,875,000 in 2024, compared to HKD 185,217,000 in 2023, reflecting a growth of 9.0%[4] - The net profit for the year was HKD 179,507,000, a decrease of 3.6% from HKD 185,728,000 in the previous year[4] - Basic and diluted earnings per share for 2024 were HKD 0.080, down from HKD 0.083 in 2023[4] - The company reported a total comprehensive income of HKD 171,511,000 for the year, compared to HKD 119,245,000 in 2023, indicating a significant increase[6] Assets and Liabilities - Total assets increased to HKD 3,257,328,000 in 2024 from HKD 2,948,095,000 in 2023, representing a growth of approximately 10.4%[7] - Non-current assets decreased slightly to HKD 1,599,956,000 in 2024 from HKD 1,586,428,000 in 2023, a decline of about 0.8%[7] - Current assets rose to HKD 1,657,372,000 in 2024, up from HKD 1,361,667,000 in 2023, marking an increase of approximately 21.7%[7] - Total liabilities increased to HKD 316,385,000 in 2024 from HKD 69,246,000 in 2023, a significant rise of approximately 356.5%[8] - The company's equity attributable to shareholders increased to HKD 2,775,601,000 in 2024 from HKD 2,707,818,000 in 2023, reflecting a growth of about 2.5%[8] Revenue Segmentation - Revenue from the Smart Passenger Information Services segment was HKD 755,912,000 in 2024, down from HKD 770,937,000 in 2023, indicating a decrease of about 1.5%[16] - The Smart Infrastructure segment generated revenue of HKD 385,272,000 in 2024, significantly up from HKD 288,812,000 in 2023, marking an increase of around 33.5%[16] - The group’s revenue from Data and Integration Services was HKD 515,589,000 in 2024, down from HKD 577,432,000 in 2023, representing a decrease of approximately 10.7%[16] - Revenue from customers in mainland China accounted for HKD 1,596,171,000 in 2024, compared to HKD 1,561,723,000 in 2023, reflecting a growth of approximately 2.2%[24] Research and Development - Research and development expenses for the year were HKD 159,599,000, slightly reduced from HKD 170,762,000 in 2023[4] - The group’s research and development expenses for 2024 were approximately HKD 159.6 million, a decrease of about 6.6% due to improved R&D efficiency[53] - The group obtained 29 new patents and 77 software copyrights during the year, bringing the total to 149 patents and 645 software copyrights[80] Market Expansion and Strategy - The company aims to expand its market presence and enhance product offerings in the upcoming fiscal year[2] - The group expanded its market presence to cover 55 cities in mainland China and 32 cities in 20 overseas countries and regions by the end of 2024[47] - The company is actively expanding its international business, with a focus on replicating successful industry models in more "Belt and Road" countries, as global urban rail transit operating mileage is projected to exceed 45,000 kilometers by 2025[83] Dividend and Shareholder Information - The proposed final dividend for 2024 is HKD 50,332,000, with a dividend per share of HKD 0.024, compared to HKD 52,429,000 and HKD 0.025 in 2023[41] - The final dividend is subject to approval at the annual general meeting scheduled for June 19, 2025[96] Compliance and Governance - The company has adhered to corporate governance principles throughout the fiscal year 2024[94] - The audit committee held five meetings during the fiscal year 2024, reviewing significant financial performance and compliance issues[90] Employee Information - The company has 623 employees as of December 31, 2024, down from 647 in the previous year, with total employee costs approximately HKD 290.6 million, a decrease from HKD 297 million in the previous fiscal year[84] - The company has implemented a continuous optimization of its personnel structure, contributing to a reduction in employee costs[84] Other Financial Information - The financing costs decreased to HKD 9,884,000 in 2024 from HKD 10,456,000 in 2023, representing a decline of approximately 5.5%[25] - The total income from other sources decreased to HKD 21,790,000 in 2024 from HKD 38,538,000 in 2023, reflecting a decline of approximately 43.4%[23]
京投交通科技(01522) - 2024 - 年度业绩